As a small test, Zingales looked at the 150 most-downloaded papers that had been done on executive pay. He found that papers supporting high pay for top executives were 55 percent more likely to be published in prestigious economic journals. They were also much more likely to be cited in other papers.
Here is more. This is considered evidence for the “capture” of economists. Here is another article on the new code of ethics. It will hurt researchers who work in finance. From Olaf Storbeck, here is more, an interview with Gerald Epstein. Here is coverage from David Warsh. Here is coverage from The Chronicle. How many people will basically just stop publishing in the top journals?